A local software company is helping to revolutionise the insurance industry

Witnessing the growth and development of the women she has worked with has been a highlight of Freda du Toit's career. The co-founder and executive director of Pretoria-based SDT Financial Software Solutions has an in-depth knowledge of the financial services industry, based on 18 years' experience.

No insurance market faces challenges on par with those of South Africa: the majority of the populace earns only between R1000 and R3000 per month, a fact that raises a range of economic and social challenges. Access to insurance is low with costs and complexity being the most insurmountable barriers for the majority of South Africans. A lack of understanding the need and role of insurance also prevails.